Hot Stock News* RELIANCE : co says its considering overseas investments as the economic environment of past year has resulted in "interesting oppurtunities"* TATA STEEL : to invest $279mn in a JV for an iron ore project in Canada with 2 Canadian firms* SHIPPING CORPORATION : to buy 6 second hand ships to expand its fleet by taking advantage of prevailing low pxs globally* HDFC BANK : disbursed retial lonas worh Rs30bn in Oct, the highest in 18 mths* HDFC : plans to exercise warrant issued by HDFC bank into equity in early December taking its stake in the bank to 24%* BAJAJ AUTO : may announce details of the proposed JV with Nissan-Renault for making the ultra low-cost car* ICICI BANK : expects its balance sheet to grow this Q after 12 months of contractions.. banks unsecured retail portfolio was still shrinking but its other segments were starting to show strong growth* NTPC : plans to build a 2,640 MW power plant in central India* SUZLON : plans to renegotiate loans with Indian banks.. weighing up whether to divest more assets to repair it balance sheetCorporate News – Industry trends* India’s third LNG terminal being built at Dabhol in Maharashtrawill start operating early next year after difficulties in removing silt atthe port further pushed its commissioning schedule (BS)* Tata Steel Global Minerals Holdings has entered into a jointventure agreement with New Millennium and LabMag for developing adirect shipment ore project in Canada. The company said it would takea decision to invest in the project within 180 days after the feasibilitystudy of the project, currently underway, was completed (BS)* The four original sponsors of UTI Asset Management Company havedisinvested 6.5% stake each to the US-based fund house T Rowe PriceGlobal Investment Services for a collective consideration of around Rs6500 mn (BL)* Punj Lloyd Group has announced its plans to venture into solar utilityspace in partnership with the Singapore-based Delta Solar. The jointventure, Punj Lloyd Delta Renewables Pvt Ltd, will set up renewableenergy based power generation projects globally (BS)* The Blackstone Group plans to invest Rs 3bn in GatewayRail FreightLtd, a subsidiary of Gateway Distriparks Ltd (GDL) and the secondlargest player in rail freight after Concor (BS)* Hindalco Industries plans to raise about Rs 29bn in the next three tofour weeks. In July, it had announced plans to raise Rs 24bn throughQIP. The issue could not take place due to the volatility in the stockmarkets (BS)* Kingfisher Airlines is planning to raise around US$600 mn worth offunds in the current financial year to pay off its debt and strengthen itsbottom line, in the backdrop of a turbulent time for the country’saviation industry (BS)* Infosys BPO, the business process outsourcing arm of India’s secondlargest IT services provider, Infosys Technologies, is looking atacquisitions worth US$50-200 mn in areas where the company has anegligible presence (BS)* Larsen and Toubro, has bagged the Balance of Plant contract valuedat Rs 16bn from Madhya Pradesh Power Generation Co for two 600 Mwcoal-fired power plants (BS)* BAJAJ Auto and Nissan-Renault have resolved their differences andare set to announce the details of the proposed joint venture formaking the ultra low-cost car on Tuesday (ET)* ICICI Bank, the country’s largest private bank, plans to sell its 25%stake in back-office firm Firstsource Solutions as it seeks to unlockvalue from its non-core assets (ET)* XL Telecom & Energy, a solar energy-focused company, has receivedan order worth Rs 235mn for supply of solar photovoltaic powersystems to BSNL (BL)* IVRCL Infrastructure and Projects Ltd is set to increase its holdingin its property development subsidiary IVR Prime Urban DevelopmentsLtd to 80.46% from the existing 62.35% following the transfer of itsBOT businesses to the subsidiary (Mint)Economic/Regulatory development* The Securities and Exchange Board of India has amended theIssue of Capital and Disclosure Requirements Regulations (ICDR) toallow pure auctions for qualified institutional investors (QIBs) in followon public offerings to begin with. The method may be later extended to initial public offerings (BS)International trends* Cadbury Plc rejected Kraft Foods Inc’s unsolicited takeover offer of£9.8 billion ($16 billion) after Kraft stuck to the terms of its initial bid(BS)Note: More intra-day opportunities will be providedlive during the market hoursFor More information Visit : http://www.insighttechnical.netEmail : contact@insighttechnical.netContact : +91 982222686We Insight Technical Provides indian share market tips,nifty option trading,nifty option,intaday option trading,nifty option,nse market tips,nse/bse stock tips,trading recommendations of indian stocks,indian share market,stock market recommendations by sms,pre-market analysis companyWe Insight Technical provides hot shares in bse,sharemarketindia,hot stocks bse,nse hot stocks,preferred stock recommendations,hot shares on bse,intraday stock recommendations,technicals of share market,mcxtip,indian stock advisory,nifty stock recomendations,stock trading franchise india,stock market trend history,bse option calculator,hot stocks in indian share market,hot tips bse market free sms,indianstockcharts,hot indian stocks,hot intraday tips nse,hot intraday tips nse bse,indian stock recommendation for intraday,nifty stock recommendations,technical share market,technicals of indian stocks,gold intraday tips,mcx broker tips,hot stock in nse,hot stocks in bse,indian technicals,intraday option trading tips,nri intraday trading,nse intraday recommendations,option calculator nse,share market recommendations,stock market consultant,ncdex tips